Living standards for millions of low and middle-income households in Britain
will be no higher by 2020 than they were at the turn of the century,
according to a new report.

The Commission on Living Standards has warned that the benefits of a period of
growth could bypass millions, and that a typical low-income household in
2020 is set to have an income 15 per cent lower than in 2008. An average
middle-income household is set to have an income that is 3 per cent lower.

The commission, which is made up of leading economists, employers and trade
unionists, said